It is always nice to live close to your rental properties (although not absolutely necessary), and as a military guy you are able to choose where you retire to.

I bought my first rental in June of 2024 and have had a tenant that has been making late payments since day 1.

There will be no difference in the rent - unless the TurnKey provider threw in a desparate/bad tenant to get the higher rental amount.With a TurnKey provider, you'll pay more for a property that they have rehabbed, versus hiring your own crews to rehab something.Yes correct.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

Turn key rentals seem to be a good way to go, but I'm also trying to learn about other more passive strategies.  

I have experience handling this in Michigan with my short-term rental.

Generally, there are some programs for foreign nationals that are 25% for a single family rental and 30% for a 2-4 unit.  

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

Quote from @Terrence Adams: Hi everyone, I’m Terrence, new to rental property investing and excited to learn from this group.

It's down the street from our rental which we BRRRR'd two years ago.